Category: Employee Benefits

The Healthcare Landscape – Part Two Paradigm Shift: Understanding the Competitive Advantage of Health

The video below is the second installment in our series sharing highlights from the Business North Carolina 2017 Healthcare Round Table event that we hosted in our Greensboro office last month.  The full discussion is featured in the May issue of Business North Carolina Magazine.

In this video, Sean Willoughby-Ray, Benefits Practice Lead/Vice President, discusses how health is a competitive advantage –  for individuals and businesses.  

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The Healthcare Landscape – Part One The Pharmacy Problem: Dealing With the Dramatic Increase in Pharmacy Costs

Last month, Scott Benefit Services hosted the Business North Carolina 2017 Health Care Round Table in Greensboro.  Sean Willoughby-Ray, Benefits Practice Lead/Vice President, along three other healthcare …Continue Reading

AHCA Pulled Prior to Vote, ACA Remains

Around 3:30 p.m. on Friday House Speaker Paul Ryan came to the conclusion that the GOP didn’t have the votes in the House of Representatives to pass the American Health Care Act (AHCA) and pulled it off the floor prior to a vote. 

This outcome came after a very tumultuous three weeks for the AHCA legislation, including multiple amendments, a CBO score that showed 24 million more people would be uninsured under the law, and what was perceived as rushed committee mark-up meetings and votes to keep the legislation moving forward.

In a prepared statement late Friday, Speaker Ryan acknowledged that the Affordable Care Act (ACA) is the “law of the land for the foreseeable future.”  Lawmakers have differing opinions as to how quickly they will resume efforts to repeal and replace the ACA, but most think it will not be an immediate priority.

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GOP Releases The American Health Care Act Proposed legislation would repeal and replace the Affordable Care Act

Last night, Republicans in the U.S. House of Representatives released their proposed repeal and replacement bill, called the American Health Care Act.  The proposed legislation is a two-part bill, one coming from the Ways and Means Committee, and the other from the Energy and Commerce Committee.

Most notable for employers, the proposed legislation repeals the employer mandate and there will be no cap on the employer tax exclusion. (A full summary of the major impacts of the bill is included at the end of this post.)

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Trump Issues ACA Executive Order

On Friday, shortly after he took the oath of office, President Trump signed an executive order designed to “minimize the economic burden of the Patient Protection and Affordable Care Act”.

While the President works with Congress to attempt to repeal and replace the ACA, this executive order allows the U.S. Department of Health and Human Services – and other departments – to delay implementing any part of the law that might place a “fiscal burden on any State or a cost, fee, tax, penalty, or regulatory burden on individuals, families, healthcare providers, health insurers, patients, recipients of healthcare services, purchasers of health insurance, or makers of medical devices, products, or medications.” 

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